The OFII said TPP would create 68,000 direct jobs tied to an estimated $20 billion boost in foreign direct investment.» Read More
The pace of growth in the services sector accelerated to its fastest pace in almost eight years. A separate report showed that new orders for US factory goods dropped in July.
The private sector added 176,000 jobs in August while weekly jobless claims continued their decline, indicative of slow but steady gains.
Labor costs were flat in the second quarter, a sign of minimal inflationary pressures in the U.S. economy.
Coase, who died at the age of 102 on Labor Day, was one of the most influential economic thinkers of the past 100 years. So what can we learn about the financial crisis from him?
The U.S. trade deficit widened slightly more than expected in July as exports dipped, but a rebound in imports pointed to some firming in underlying demand.
Applications for U.S. home loans rose for the first time in four weeks as mortgage rates fell from their highest level this year, data from an industry group showed on Wednesday.
The manufacturing sector grew last month at its fastest pace in more than two years, an industry report showed on Tuesday. A separate reading showed construction spending rose.
Goldman Sachs has raised its GDP forecast for China to 7.6 percent from 7.4 percent for 2013, even as it slashed the growth targets for India and other Southeast Asia nations.
As U.S. factory jobs continue to vanish, many historically industrial areas are fading from blue-collar to white-collar towns, or in some cases, no collar at all.
The spike in part-time jobs is expected in an economy recovering from a deep recession, according to a new report. But what's unexpected is the age group that is taking those jobs.
As millions of Americans celebrate Labor Day by taking a day off from work, millions more have no job at all or have just stopped looking.
In a post crisis world, new college graduates are making compromises just to get their foot into the door.
U.S. consumer sentiment retreated in August from last month's six-year high, though Americans were slightly more upbeat in their outlook than earlier in the month, a survey released on Friday showed.
The pace of business activity in the Midwest increased in August and input prices hit a nine-month high, a report showed on Friday.
U.S. consumers barely spent and inflation was tame in July, offering a cautionary note on the economy as the Federal Reserve weighs cutting back its bond buying program.
The battle to boost the minimum wage escalated Thursday when thousands of workers at fast-food restaurants in 50 U.S. cities walked off the job to demand a "decent" wage.
Focus at the Federal Reserve these days is on who the next chairman will be, but the big story may be an ideological cleansing that could last the next decade and a half.
San Bernardino, Calif., is eligible for bankruptcy protection, a federal judge said on Wednesday, in a "tentative ruling" ahead of full court arguments later in the day.
The number of Americans filing new claims for unemployment benefits fell as expected last week as the U.S. economy accelerated more quickly than expected in the second quarter.
Speculation that Larry Summers is the favored candidate to take over Bernanke as Fed chief has resurfaced in recent weeks, prompting a strong backlash from some industry watchers.